Economy

Oudomxay Seeks More Railway Services to Boost Investment

Authorities in Oudomxay Province, northern Laos, have announced plans to expand railway services and free up land for investment around the region's three Laos-China Railway stations. The provincial government said on 3 August that it would set aside more than 300 hectares around Xay, Namor and Nga stations for commercial,...

Vientiane Halts New Microfinance, Pawnshop Licenses Amid Regulatory Review

On 31 July, the Bank of the Lao PDR (BoL) suspended applications for new...

Lao State Fuel Enterprise Posts 70 Percent Profit Surge in 2025, Eyes Stock Market Listing

The Lao state-owned Lao State Fuel Company (LSFC) reported a sharp rise in profits...

Naphao Customs Exceeds Annual Target on Mining Debt Repayments, Trade Growth

Naphao International Border Checkpoint in Khammouane Province collected more than LAK 669.5 billion (USD...

Laos Inflation Edges Up in July, Electricity Prices Surge 91.5% Year-on-Year

Electricity prices jumped 91.5 percent in July compared to the same month last year,...

Top Laotian Times News Stories of 2022

The Laotian Times revisits the top news stories of the year 2022. With the country opening up after over two years following the Covid-19 pandemic,...

BCEL One Now Allows Overseas Funds Transfers

BCEL One has recently implemented a new "SWIFT Transfer" function that allows users to transfer and receive money from all around the world using...

Laos, South Korea to Expand Job Opportunities for Lao Nationals

The Ministry of Labor and Social Welfare signed a Memorandum of Understanding (MOU) last week in Vientiane Capital, to enable the seasonal employment of...

Laos-China Railway Yet to Compensate Over 1,000 Families

More than 1,000 families displaced during the six-year construction period of the Laos-China Railway still wait for compensation from the company. A total of 1,018...

First Lao-American Gets Appointed as Judge in the United States

Chanpone Sinlapasai, a Lao immigrant, was appointed as the first ethnic Lao judge in the United States at the Multnomah County Circuit Court in...

Laos Scraps Covid Vaccination Proof and Test to Enter the Country

Lao Prime Minister's Office announced that COVID-19 vaccination proof and Rapid Antigen Test (ATK) for unvaccinated travelers would no longer be required to enter the...